The maximum rate of assistance for a program is 50% of its total cost, subject to the Fund’s work plan, and on condition that the total sum of assistance from all agencies does not exceed 100% of the program’s cost.
The rate of assistance shall be reduced annually – gradually. Year One – up to 60%; Year Two – up to 50%; Year Three – up to 40%. Assistance for equipment and building renovations shall not exceed 20% of the program’s total budget.